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Property and Equipment, Net
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Note 6: Property and Equipment, Net

 

           
   (in thousands) 
   September 30, 2025   December 31, 2024 
Furniture, fixtures, and equipment   1,466    1,466 
Less: accumulated depreciation   (1,386)   (1,358)
Property and equipment, net  $80   $108 

 

Property and equipment are recorded at cost. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the respective assets, ranging from three to ten years. Depreciation expense for the nine months ending September 30, 2025 and September 30, 2024 was $28,000 and $28,000, respectively.